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- Jörg Guido Hülsmann
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Jörg Guido Hülsmann
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Recorded at the Mises Institute, 7–8 October 2005. [27:54]
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Jörg Guido Hülsmann
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From the book What Has Government Done to Our Money? Narrated by Jeff Riggenbach.
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Jörg Guido Hülsmann
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From the 2006 Supporters Summit: Imperialism: Enemy of Freedom, 27-28 October 2006, Auburn, Alabama.
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Jörg Guido Hülsmann
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Recorded at the Mises Circle in Houston, “Despots Left and Right: The Tyrannies of Our Times,” Saturday, 14 April 2007, sponsored by Jeremy S. Davis.
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Jörg Guido Hülsmann
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Why did Mises do certain things in response to certain events? This first full biography of Mises seeks to answer those many questions. In the first four chapters, Hulsmann covers Mises’ roots: his birth in September 1881 as a nobleman, his family including his brother Richard, the role of family in the region of Galicia in the late eighteen
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Jörg Guido Hülsmann
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Carl Menger (b. 1840) dared to create something he called the Austrian School of Economics. His was a new way of doing economic analysis. He sided with Aristotle’s realism. Menger studied human needs and saw discreet units of need – the essence of his marginal approach. Value is subjective dependent upon individuals. His theory of marginal utility
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Jörg Guido Hülsmann
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This 1912 book is Mises’ first great theory. Mises agreed with Menger about the spontaneous emergence of money. No government is needed. Mises used a logical proof called the regression theory. It explained why money is demanded in its own right. Five major contributions Mises made were: 1) the nature of money, 2) a theory of the value of money,
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Jörg Guido Hülsmann
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Mises was not surprised by WWI, 1914-1920. He was posted on the Northern Front of the Austro-Hungarian towns as a Lieutenant in an artillery unit. He often used his private initiative and competitive advantages during dangerous and hard battles in that first year. He became involved in the economic side of the war. He saw inflation lead to